Updated over 8 years ago on . Most recent reply
Tax Lien purchasing how to
My friend and I are looking into purchasing tax liens and tax deeds. I have been looking up information abd have a general idea of what to do but we are looking for more information. The more the better. Our intent for now is the intrest that is paid back through the redemption period however if we gain properties throughout the way we will rent those out for extra income and also sell properties as well. Does anyone have experience with tax liens and would you care to share your info?
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@Jeremy Thompson I live in Illinois but I invest in tax liens in Northern Arizona. I have a blog here on Biggerpockets where I talk about some of the process of AZ tax lien investing.
A few posts you can read to start you off are:
First Time Tax Lien Investor - your First Step
Basics for Online Tax Lien Auction process
Worried about EPA issues? They have a website...
The highest rate liens are properties that are...
Some typical Tax Lien results of mine...
Tax Certificate – To Foreclose or not to Foreclose? A Case Study
There are several other posts but these should get you started.